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Msg  13067 of 13147  at  8/4/2020 5:53:41 AM  by

m.moc63


 In response to msg 13060 by  cheetah
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Re: AMD

I stayed with it because back in April, I spotted a Cup & Handle chart pattern which is a bullish chart pattern. I posted that in my post to cruise as we were both playing it.

I then spotted 2 more bullish chart patterns...a Rising Channel and an Ascending Triangle.

Target for the Cup & Handle was originally 82, but I dropped it to 78. Target for the Rising Channel was 68, but now AMD has moved into another Rising Channel. Target is 85. The Ascending Triangle has a target of 95.

At this time, AMD is overbought, but I use the hour chart to guide me with my buys and sales. I use Fast Stochastics. About 80% of the time, this system works for me.


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